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Wheat Trading Mostly Higher at Midday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Wheat futures are mostly modestly higher on Friday, with Chicago SRW May down 3.5 cents while other contracts are up 1 to 2 cents. KC HRW futures are also firmer, and there were 312 delivery notices against May CBT wheat overnight, indicating routine near-term contract flow rather than a major fundamental shift.

Analysis

Wheat futures are mostly modestly higher on Friday, with Chicago SRW May down 3.5 cents while other contracts are up 1 to 2 cents. KC HRW futures are also firmer, and there were 312 delivery notices against May CBT wheat overnight, indicating routine near-term contract flow rather than a major fundamental shift.

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